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're at the president obama white house almost every week meeting with president obama. and i understand that he wants them to help him get his general accomplished. i understand that. what about the other direction? the fact that they're getting all this face time with the president. does that mean they're getting their agenda, too? well, you can judge for yourself in small ways. especially not when the horse you bet on so boldly lost so badly. it also means that working goat some things doesn't mean you have to work together on everything. and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're n
with democrats and the obama white house. first read then asks, what does a smart poker player usually do when holding a bad hand? you fold to live another day. nbc news senior political editor mark murray, a gambler as i hear. you're a texan. we all gamble. what would be the next logical hand? because it seems today a lot of republicans are saying let's get the bush tax cut issue dealt with and then wait until next year and would that be something that the democrats and the president would embrace? >> well, this is all about gaining maximum leverage and the better leverage of republicans right now to delay the bigger battle in to february when the debt ceiling would have to be increased. as youรง mentioned, essentially acquiesing to the democrats and the white house for those making $250,000 and less and let's have the bigger battle when it comes to raising the debt ceiling. president obama essentially today said he's not willing to play that game. noting what happened in 2011 with the u.s. hurting its credit rating, just the political particular sis that brought on and said, look, we have b
obama, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the president and the democrats see a political victory at the bottom of the fiscal cliff. i see financial problems for our country at the bottom of the fiscal cliff with unemployment over 9%, and another recession. i think -- i want to find a solution working with people on both sides of the aisle but when you have howard dean, the former chairman of the democratic national committee, you have patty murray, who ran the democratic senatorial committee encouraging going over the cliff i think it's irresponsible. i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are dem
oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a government action but over time the court has said certain kinds of moral disapproval is no longer allowed. you can't simply disapprove of blacks and whites going to school together and pass a law. the question now is, is moral disapproval of homosexuality a legitimate ground for the government doing anything? that's really one of the main issues in this case coming out. >> that's his argument, that that's why he's opposed to it? is that what you're saying? >> well, what he's saying is that the legislature, whether it's a state legislature or congress can say we morally disapprove of homosexuality, thus we will say they can't get married t
with the average price of regular at $3.34 a gallon. president obama and house speaker john boehner met at the white house for another round of talks to avert the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenu
that, huh? >> and you can tell how confident president barack obama knows how positive his polls are on his side of this issue. but on the game where he's campaigning publicly and negotiating privately. as you said meeting with john boehner at the white house yesterday. and clearly the president is meeting with republicans and then checking back with democrats. we see this pattern now a couple of times last week he met with or spoke to boehner. and then met with nancy pelosi, the democratic leader on capitol hill. today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if they are accompanied by large enough spending cuts. >> one of those is tom cole who is a republican from oklahoma who joins us now live from capitol hill
wasn't a leader until you needed leadership? >> when it comes to his relationship with president obama, new jersey's republican governor chris christie is stuck between a rock and a hard place. which might explain two things christie did over the past 24 hours. first, christie visited president obama at the white house asking for $83 billion in extra hurricane aid to help with cleanup. the very same day he vetoed a bill drafted by his state's democratic legislature that would have billed health care exchange, which aims to subsidize insurance for low and middle income americans. in a statement explaining the rejection, governor christie stated a lack of information from washington. quote, i will not ask new jerseyans to commit today to a state-based exchange when the federal government cannot tell what's it will cost, how that cost compares to other options, and how much control they will give the states over this option that comes at the cost of our state's taxpayers. that makes new jersey state number 19 to say no to the affordable care act's offer for a state-run health insurance ex
and president obama met at the white house yesterday. both released statements basically they wouldn't say anything, but that "the lines of communication remain open." can we hope for a deal any time soon? cory booker, the mayor of newark, new jersey. nice to have you with us. >> very nice to be here. >> not part of the fiscal cliff discussions, apparently downo the two of them. what happens to your city if we go over the fiscal cliff? >> it's a real challenge for people all over my state, frankly. a lot of families in this tough economic time, seeing them having $2,000 or more on average of expenses of not enjoying tax cuts, will make a real impact. people barely making mortgage payments, falling behind on car payments this will be a difficult thing. and that will have a multiplier affect. people who don't have extra money to spend hurt the stores that that would be shopping in, the food they would be buying, so on, so forth this is a time we can't have a government that is especially republicans, holding hostage all of this country. 98% of our country. >> a negotiation. so i wouldn't --
, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking abo
of president obama's playbook. most recently the white house urged people to take to twitter and use the #my2k. in case you forgot the former senator is one half of the simpson bowles duo appointed by president obama who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're about a year away from it being makarena. >> trying to get two sides come together to come to a deal on the fiscal cliff. >> i don't know about young people's abilities to force cats and dogs and democrats and republicans to come together to find a deal. he had a much more profound message than just simply dancing in that clip, in that psa essentially. he was trying to alert young people to the fact that old people, blun
. >>> standoff on the fiscal cliff. house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide i'm joe kernen along with becky quick. andrew ross sorkin is off today. we have a big lineup this hour. sitting in andrew's seat our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's ho
and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathyize with john boehner. the key party has a firm grip on the republican party, and that's obvious, what's happened this morning here in washington. >> reporter: that disconnect in the gop was in the spotlight today. jim demint spoke out against boehner's proposal to the president. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. $800 billion tax hike will destroy jobs, allo
and want to raise the age by two years from 65 to 67. that's also super unpopular. but the white house is open to it. they are open to it in 2011 in the boehner/obama talks. what's weird is it's always presented as the height of fiscal responsibility even though it's fiscally irresponsible. which brings us to the challenge. why raising the age does not save you very much money and is probably a bad policy idea in under two minutes. do we have the clock? let's do it. the argument for cutting 65 and 67-year-olds out of a deficit talk is simple. it saves money. the keizer family foundation estimates that when it's all said and done, the government could save $5.7 billion in the first year. but those 65 and 66-year-olds don't disappear. they are still going to be here and get sick sometimes which means the savings we'd see by kicking them off they pop back up elsewhere in the economy. it's not pure savings, it's a cost shift. you're going to see increased costs for seniors who will have to find another health insurer since it uses power to pay less by quite a bit. the seniors turning to pr
>>> i'm toure. look who's talking. president obama and speaker boehner. they had a weekend rendezvous at the white house. taxes, spending cuts. >>> i'm susan in for s.e. today. michigan's governor driving the motor city in to a fight over the unions. why's the president playing backseat driver? >>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th. >>> it's monday, fun day here at "the cycle." let's get the party started. where will it land today? fiscal cliff? huh. so much for fun. well you know what? we at "the cycle" can make it fun. look at this. the president living it up in motown last hour calling on republicans to stop being party poopers. >> i believe america only su
in london. >>> in washington all eyes on the fiscal cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign
are on -- just 22 days away with the white house and republican leaders at a stalemate. president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met with john boehner yesterday. their first face to face meeting in more than three weeks. today, the president will visit a detroit engine factory. the president's meeting with john boehner did not yield a breakthrough, but the men did agree on one thing. they'll keep their negotiations behind closed doors. they released a statement saying this. this afternoon, the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we are not reading out the details of the conversation, but the lines of communication remain open. dan lothian is at the white house. how telling is it that the statements were identical from both the president and speaker boehner? >> it shows that both sides agree on something and that is that they're not going to continue to have this debate play out in front of the cameras, harsh rhetoric going back and forth. bu
a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really happens is nonunion workers benefit from a unionized workplace without having to financially contribute. ultimately, the laws end up cutting into union financing and weakening their bargaining power. we're back with more steph after the break. stay with us! a >>> she get's the comedians laughing... >>>that hilarious. >>>and the thinkers thinking. joy>>>okay so. there's wiggle room in the ten commandments is what you're telling me? >>she's joy behar. joy>>>and the best part is that current will let me say anything. what the hell were they thinking? >>>> only on current tv. brought to
. the white house still demanding and president obama said this yesterday when he was in michigan, that the tax rates for the first $250,000 of income be preserved and then not be preserved, let the tax rates for more than that, earnings more than that, expire. and right now, house republicans are holding fast to their position, which is, no, let all of the tax cuts be preserved at the end of the year. at this point, as i said, we don't have details. and there's a lot more to be worked out even than on the tax rates, how would you tackle entitlement reform, what kind of spending cuts would we see, and also, what kind of mechanism would you put in place of that determined. and at this point, ted, i will tell you, i think it could be worse. they could not be talking at all, but i don't think it's to the point, certainly, where you kind of would exhale. there is no deal. >> and really, technically, they have until the end of the year, but the actual timeline is a lot shorter. >> reporter: that's right. and there are a couple of things. congress is supposed to leave town after the end
negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudd
turn to the next big ticket on obama's agenda -- immigration reform. starting in january the l.a. times reports the white house will begin an all-out drive for an immigration bill that will include a path to citizenship for the 11.1 million illegal immigrants currently in the country. the bill would also seek stronger border security measures, penalties for employers who hire illegal immigrants and would make it easier to bring in skilled foreign workers under special visas. in the interests of basic self-preservation, many republicans are also clambering for reform following their drubbing in the recent election when mitt's self-deportation policy lost the latino vote by a whopping 44 points. quote "there is a growing sense that this is an opportunity that should be taken, said ed jill esspi, a former republican national can i chairman. "there's no instinct like a survival instinct." for those thinking immigration reform will be a bipartisan community effort, think again. while many top republicans see a drastic need for change, many rank-and-file lawmakers remain skeptical. skeptical,
. afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians laughing.
we know is the democratic house leader nancy pelosi went down to the white house today for a one-on-one meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he did say that there was no progress to report, but he may have been hinting a little bit of where there's some room for a deal here if the president will just meet him maybe not even halfway. listen to the speaker. >> there are a lot of things that are possible to put the revenue the president seeks on the table, but none of it's going to be possible. the president insists on his position, insists on my way or the highway. that's not the way to get to an agreement. >> so where are we now? i think we'r
." >>> joining me today, msnbc contributor and political editor and white house correspondent for the "huffington post," sam stein holding it down stag style. jane mayer from "the new yorker" is here. bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house t
are serious about pulling a repeat of 2011, obama can't ignore them. since it will wreck immediate havoc on the economy. white house wants at the very least a long-term extension of the debt ceiling in any fiscal cliff deal. the republicans now see the debt ceiling as their own leverage. they're demanding a steep price to include it. who anyways if obama will ultimately go along with something like this. but it is a talk that there is still one crucial way he's at the mercy of republicans. it leaves him with a tough choice. to pay their price in entitlements or play debt ceiling chicken with them again. okay. does it for "the cycle" today.
the white house out there, you know, publicly putting pressure on republicans by sending obama, for example, to michigan but gamt trying to negotiate behind the scenes with boehner. and it's a two-prong strategy that i think carries real risk. >> it's kind of negotiation 101. i mean, the most basic kind of negotiation, you know, don't show your hand if you don't have to. i'm wondering, matt, is part of this psychological, even real in terms of momentum, democrats feel they have the upper hand and so they don't need to do anything right now. >> can we just take a moment and recognize it's december 10th, december 11th and people are out on the road making politics about this and occasionally meeting and talking about maybe exchanging ideas? this is kind of a big deal, you know? in this same way that passing a buck -- we were told that for a long time. >> for a long time. if there was any kind of seriousness of purpose, and i'm not pointing out either party, you know, one over the other but neither is having a seriousness of purpose about passing budget, about sitting down and talking about th
this could be challenging for president obama, but at this point in time they're really looking at all the options and basically making the case reminding people that, look, this is still illegal under federal law. craig. >> what were the white house's options here, kristen? >> reporter: they have a couple options. one might be taking legal action against low-level offenders and then trying to make the case that ultimately federal law trumps state law. another option might be going straight at the state level and basically saying they don't have authority to regulation taxes and other initiatives when it comes to marijuana. craig. >> we look ahead to the president's inauguration next month. politico tweeting a few hours ago that president obama will accept unlimited corporate donations for his inauguration in january. that's a departure from four years ago. what's behind the change? >> reporter: it is a departure. the white house weighed in as well. we're not taking money from super-pacs or anything like that, but they don't want to tap back into their donors. they feel their donors ar
on a deficit reduction deal. with president obama holding no public events today, it was the perfect opportunity for boehner to try to change the narrative of the current tax debate and shift some of the pressure onto the president, but the white house was ready to respond with props. >> we're still waiting for the white house to identify what spending cuts the president is willing to make. where are the president's spending cuts? >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal two page long that included one sentence on revenue. pages 17 to 45, details on proposed sending cuts by the president. pages 17 to 45. i recommend them to you. >> speaker boehner's attempt to play the reality card was met with a reality heck from nancy pelosi. >> if the president doesn't agree with our approach, he has the obligation to put forward a plan that can pass both chambers of the congress. >> we have been calling upon the speaker to bring forth middle income tax cuts for a very long time, in fac
in texas. she said who is a marxist in our white house? of course it is barack hussein obama and i don't know why we're not calling him what he is. >> does she know the definition of marxism? >> stephanie: it is as if when the wall fell, communism died. it didn't. today it is red on the outside and barack obama is implementing his green agenda which is marxism. >> ah, right. >> stephanie: bugga lug about -- bug gabug ga. >> i don't know how to work a shoe. >> stephanie: how do buttons go again? >> don't know how to work a shoe. >> stephanie: how do you work a shoe? they're all so different. she was offend by his narcissistic behavior at the presidential debate so much so she wanted to go up and smack his face. >> i'm sure the secret service would have loved that. >> stephanie: she decried the california marijuana legalization initiative as part of obama's anti-american plans. >> he's against it. >> he's a moron. >> stephanie: okay. she said i'm telling you barack hussein obama has to have a teleprompter beca
. . >>> casper, deep blue, bird, jordan, mcenroe, coners, boehner, obama. it is friday, december 7th, this is "now." >> joining me today, chief economic correspondent for politico ben white, editor at large for salon.com, joe walsh, queen bee and editing manager of the grio.com, and buzz fooeds.com ben smith. the labor department delivered a december surprise, which might just alter the debate over the fiscal cliff. despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does a
at the math, it doesn't work. >> president obama telling bloomberg tv the republicans' math just doesn't work. of course, the gop is delivering the same message about the white house plan. today, a bipartisan group of governors went to the white house and capitol hill, urging both sides to make a deal. two of those governors join me now. governor gary herbert of utah and jack markell of delaware, chair of the national governors association. welcome to you both. interesting day for you because you managed to talk to the president and john boehner, when they can't be bothered to talk to each other. so what did you discover? let me start with you, governor herbert. what was your take on the two meetings? >> well, we were honored to be invited. i think too many times, the states and governors have been overlooked and underappreciated and almost a second thought when it comes to some policies made so i applaud jack's leadership in getting us together in a bipartisan way through the national governors association. i thought we were well received. i think the president and the speaker and majority l
korea successfully fired a long range rocket. the white house quickly condemned it as a highly provocative act. what message does this send to the world? >>> president obama for the first time is recognizing the syrian rebels. will this ramp up the pressure on the syrian president to give up the fight? >>> and huge protests didn't stop michigan's governor from signing the right to work law. what's this tell us about the future of labor? >>> but we begin with the latest on the fiscal cliff. republicans made another counteroffer but it's reportedly not much different from their first offer. though we don't have specifics, we do know the president and john boehner talked on the phone last night and that call, according to a republican familiar with it, was tense and lasted just 15 minutes. i want to bring in real clear politics reporter aaron mcpike and david hawkings, editor of the cq roll call daily briefing. good morning. so president obama sat down with barbara walters last night. here's what he said. >> most important thing we can do is make sure the middle class taxes do not
is now 7.7% falls to 6.5%. that could take some time, though, even though the obama administration is hoping the recovery will speed up. let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you that democrats generally view these moves as a positive sign something that will create predictability for business so that's something that pleases them. also, behind closed doors here at the white house, wolf, they have been meeting with business leaders today. the president's top advisers and chiefly his economic team has been meeting with ceos and wall street hon chos trying to continue their charm offensive to help some of the nation's top business executives sell their deal on the fiscal cliff and this week the white house had a major victory on that front. the busine
years in office to say it. here's candidate obama back in 2007. >> understand this. if american workers are being denied their right to organize and collectively bargain when i'm in the white house i'll put on a comfortable pair of shoes myself. i'll walk on that picket line with you as president of the united states. >> why did the president pick now to so voluntary valley insert himself in this issue? let's put it splu the spthrough cycle. i think it's about politics. like wisconsin, which he completely ignored. again, for political reasons. so, the way i sigh it is right now he's focusing on the fiscal cliff. he will have to give in on entitlement issues and up to him to focus on how to make the left happy and do something with labor. a natural constituency. it will come after him if he doesn't do something about it. i think right now good politics on the issue. >> yeah, no. i tend to agree with that. he just has to show up. he wasn't as in the speech today as sort as explicit as i was led to believe this morning and the white house made it clear where he stands on this. i'm fascinat
anybody out there. bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon. >> i think it's a strong sign there is movement. i don't know that. i'm not on the inside. i don't know what's going on. i doubt the speaker is going to stand up and speak to the body and say nothing's happening and we're not going anywhere and just give a partisan speech. so i'm hopeful that that's what this means. i think it would be damaging to a process that has been basically as it was in '11, a pretty quiet going process kept in secret if all the sudden this becomes anything but that process. i think a very public negotiation does not help getting this done. in what is a relatively very sho
and representative nancy pelosi have been excluded from talks leaving it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give the president the rate to approve the debt ceiling. reid shocked mcconnell by calling the idea of having that vote a positive development. forcing him to reject a vote he had called for himself. >> is there objection? >> reserving the right to object, matters of this controversy -- what we're talking about here is
. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and strong american economy. that has come from matt lairic before the president's speech there. polls show michiganders are torn, divided on this measure. some polls show a little bit of majority support on the effort. but the president is coming down squarely on the side of unions here. and he -- there is leave nothing room for doubt where he stands, brooke. >> that's what we're heari
. >> the president's urgent push come as the white house and congress enter the deadline phase in their negotiations to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the amer
she has recognized that. policy making is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss tough decisions, a fareed zakaria gps special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and 11:00 p.m. on cnn. >>> up next, the u.s. postal service, $20 million, that's how much they lose every single day. could this be the post office's last christmas? >>> and an elite navy s.e.a.l. was killed in afghanistan this weekend. the country will be visiting this week. tonight, i ask the chairman of the armed services committee about afghanistan's future. of t. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise.
recognized that. policymaking is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss "tough decisions," a "fareed zakaria gps" special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and 11:00 p.m. eastern on cnn. >>> our third story out front. post office in peril. tis the season to head to the post office. right? people, i know you think it's okay to send online greeting cards. it isn't. it always matters more. it's part of the scenery of the season. package presents. letters to santa. the postal service could be in danger. they're losing $25 million every day and running out of cash next year. the senate passed a bill to save in it april but the house has just days to get it done and about to die. out front tonight, john avalon. i made my point here. still very important to send real l
, that is really hard to say. what i would like to hear is less out of boehner and less out of obama. if i hear that there has been a call made to representative boehner to come and speak in the white house that they will get something done. then i will start thinking about getting out. nothing until then. adam: some people say if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market. ultimately, it will make its way out. we are not solving this cliff before the end of the year. we have come to gather. we have a framework. we are here and they are there, but we will meet somewhere in the middle. i think it will be bad for the market if they work behind the curve. adam: when do they jump in if we go over the cliff? >> waited out. you will know. the first three days, at that point, start looking at getting into positions. our economy is doing better. things are pointing to growth. hopefully washington will not screw this up. if you look at these solid companies that ar
it off the table. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative impact on the overall economy and he will push these business leaders to support his approach. soledad? >> dan lothian, in washington, d.c., for us, thank you. >>> just a few minutes we'll be chatting with stephanie cutter, the woman who helped manage president obama's re-election campaign. we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippine
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